Invesco PowerShares Provides Estimated Long-Term Capital Gains Information for 2011
December 16 2011 - 11:05AM
Marketwired
Invesco PowerShares Capital Management LLC, a leading global
provider of exchange-traded funds (ETFs), announced today that it
expects to deliver zero long-term capital gains distributions
across 114 of 116 equity and fixed-income ETFs for 2011.
"We strive to minimize the amount of capital gains incurred by
our ETF portfolios. For the ninth consecutive year, we are pleased
that the process has prevented capital gains distributions for the
vast majority of PowerShares ETFs," said Ben Fulton, Invesco
PowerShares managing director of global ETFs. "This highlights one
of the many advantages ETFs can potentially provide shareholders
seeking to maximize real returns."
Estimated 2011 Long-Term Capital Gains Distributions:
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Estimated Dist.
Portfolio Name Ticker (Per Share)
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PowerShares Active US Real Estate PSR $0.06 - $0.12
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PowerShares S&P 500 Buy Write PBP $0.08 - $0.13
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Based on shares outstanding as of November 30, 2011.
The two PowerShares ETFs expected to make capital gains
distributions this year represent less than 0.2% of franchise
assets. Both of these funds are expected to see long-term capital
gains distributions under 1% of NAV per share.
One additional fund, the PowerShares CEF Income Composite
Portfolio (PCEF), may pay capital gains this year.
The ex-date for the 2011 capital gains distributions is
anticipated to be Tuesday, December 27, 2011. The record date is
anticipated to be Thursday, December 29, 2011, and the pay date is
anticipated to be Friday, December 30, 2011.
Invesco PowerShares Capital Management LLC is Leading the
Intelligent ETF Revolution® through its family of more than 140
domestic and international exchange-traded funds, which seek to
outperform traditional benchmark indexes while providing advisors
and investors access to an innovative array of focused investment
opportunities. With franchise assets over $52.4 billion as of
September 30, 2011, PowerShares ETFs trade on both U.S. stock
exchanges. For more information, please visit us at
invescopowershares.com or follow us on Twitter @PowerShares.
Invesco is a leading independent global investment manager,
dedicated to helping investors worldwide achieve their financial
objectives. By delivering the combined power of our distinctive
investment management capabilities, Invesco provides a wide range
of investment strategies and vehicles to our retail, institutional
and high net worth clients around the world. Operating in more than
20 countries, the company is listed on the New York Stock Exchange
under the symbol IVZ. Additional information is available at
www.invesco.com.
There are risks involved with investing in ETFs, including
possible loss of money. Shares are not actively managed and are
subject to risks including those regarding short selling and margin
maintenance requirements. Ordinary brokerage commissions may
apply.
Not FDIC Insured | May Lose Value | No Bank Guarantee Shares are
not individually redeemable and owners of the shares may acquire
those shares from the Fund and tender those shares for redemption
to the Fund in Creation Units only, typically consisting of
aggregations of 50,000 shares.
Invesco Distributors, Inc. is the distributor of the PowerShares
Exchange-Traded Fund Trusts.
Invesco PowerShares and Invesco Distributors, Inc. and their
affiliates do not provide tax advice. Please note that you should
seek advice based on your particular circumstances from an
independent tax advisor.
Note: Not all products available through all firms.
PowerShares® is a registered trademark of Invesco PowerShares
Capital Management LLC. Invesco PowerShares Capital Management LLC
and Invesco Distributors, Inc. are indirect, wholly owned
subsidiaries of Invesco Ltd.
An investor should consider the Fund's
investment objective, risks, charges and expenses carefully before
investing. For this and more complete information about the Fund
call 800 983 0903 or visit invescopowershares.com for a prospectus.
Please read the prospectus carefully before investing.
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